State Agreement

Government agreements are not a “one-off approach” to resource development in VA. Although all agreements have similar provisions, they are negotiated on a case-by-case basis and, as such, have project-specific clauses. The federal government passed the Cash Management Improvement Act of 1990 to ensure greater efficiency, efficiency and fairness in the exchange of funds between the federal government and the states, territories and the District of Columbia. CMIA regulations require the calculation of interest debt owed to the federal government when the state receives federal funds in advance. Similarly, when the state faces costs for federal programs before obtaining federal funds, the CMIA allows the state to calculate the interest against the federal government. For the implementation of the CMIA, the federal government imposes rules for the transfer of funds for federal programs between the federal state and the State. A state agreement is a legal agreement between the VA government and a proponent of a major project within the VA`s borders. This is a clear sign of the proponent`s support and commitment to the project. NRC supports states that have expressed interest in implementing NRC regulatory authority support programs in accordance with the Atomic Energy Act of 1954 as amended. Section 274 of the Act provides a legal basis on which NRC cedes part of its regulatory authority to states in order to license and regulate by-products (radioisotopes); raw materials (uranium and thorium); and certain quantities of special nuclear materials. The mechanism for deleging NRC`s powers to a state is an agreement signed by the Governor of the State and the Chairman of the Commission in accordance with Section 274b of the Act.

The CMIA requires an annual cash agreement (TSA) between the U.S. Treasury, the Financial Management Service and the Washington State Office of Financial Management. The TSA covers federal programs that meet the annual aid threshold and sets procedures and requirements for credit transfer. These procedures require the state to calculate the commitments of the federal state and the federal states at the normal rate of the programs covered and to declare the commitments annually to the federal state. All interest owed by the state for the previous fiscal year is payable to the Confederation by March 31 of the following fiscal year. NRC assistance to states that enter into agreements includes review of requests for state 274b agreements or amendments to 274b agreements, meetings with states for discussion and settlement of NRC review submissions, and recommendations for Commission approval of proposed 274b agreements. In addition, NRC organizes training and workshops; Assesses technical issues related to State Party licensing and inspections; assesses changes to the state rule Participates in the Activities of the Conference of Directors of the Radiation Control Program, Inc.; and provides rapid and substantial state participation in regulation and other regulatory efforts.